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Spectral Medical Inc T.EDT

Alternate Symbol(s):  EDTXF

Spectral Medical Inc. is a Canada-based late-stage theragnostic company advancing therapeutic options for sepsis and septic shock. The Company develops and commercializes a treatment for septic shock utilizing its Endotoxin Activity Assay (EAA) diagnostic and the Toraymyxin therapeutic (PMX). PMX is a therapeutic hemoperfusion device that removes endotoxin, which can cause sepsis, from the bloodstream and is guided by the Company’s EAA. PMX is approved for therapeutic use in Japan and Europe and has been used safely and effectively on more than 340,000 patients to date. It has pioneered the development of biochemical markers for the clinical syndrome known as septic shock. It is continuing its legacy business of manufacturing and selling certain proprietary reagents. It develops, produces and markets recombinant proteins, antibodies and calibrators. These materials are sold for use in research and development, as well as in products manufactured by other diagnostic companies.


TSX:EDT - Post by User

Post by hmmmmmmmmon May 27, 2024 1:37pm
213 Views
Post# 36059099

Baxter seat?

Baxter seat?Is Cristiano Franzi nominated to represent Baxter on Spectral's BOD?

This MarketScreener site updated 3/4/2024 lists him as a Chairman on another Baxter board.


"Cristiano Franzi is currently the Chairman-Supervisory Board at Baxter Healthcare SA."

https://at.marketscreener.com/insider/CRISTIANO-FRANZI-A29TJ2/

Spectral should disclose who submitted his nomination and who he would be representing. (this is disclosed and clear with the seats representingToray and Birch Hill)

Not sure how Spectral coulld ask shareholders to vote on a Director while withholding such information.

He is also still listed as a VP on Baxter's own site..


https://mea.baxter.com/en/our-story/baxter-leadership/cristiano-franzi


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